This book presents the major themes of the economic literature on natural resources and the environment. It is designed to bring the reader, in part with the aid of a unified model of optimal resource use, to the frontiers of the discipline, using only elementary mathematical models. Features special to exhaustible and renewable resources, including the problems posed by market imperfections, are treated as extensions of the basic model. The theoretical discussion is enriched with examples and applications, including a systematic investigation of the behaviour of resource reserves, costs, prices, and substitution possibilities. Substantial attention to environmental, as well as extractive, resources is a distinctive aspect of this book. The author describes methods of estimating the environmental costs of resource development and other projects, and presents some key empirical findings. Policy instruments to protect the environment, such as taxes, subsidies, marketable permits, and direct controls, are carefully analysed from a welfare-theoretic point of view.
Natural Resource and Environmental Economics provides a comprehensive and clear account of the application of economic analysis to environmental issues.New features in this edition: sustainability as an organising theme; a...
Following this train of thought, investment in RStD can be considered as a decision about the stock of knowledge. ... In particular, investment in R&D creates spillovers, which drive a wedge between private and social returns to R&D.
Through its engaging approach, the text brings the economic way of thinking into discussions of personal, community, corporate, and government activities that affect environmental assets and the quality of life.
One, I have not worked in this area, and have not given any lectures, and two, it's my impression from a casual acquaintance with ... though note this is also of particular relevance due to the common property nature of the resource.
This new edition features enhanced coverage of climate change and an increase in international
Key Features:First book of its kind in the fieldExamines and analyzes how key tools are used to conduct theoretical and empirical research in natural resource and environmental economics in contemporary timesCompiles various articles and ...
According to a study by Kevin Gallagher (2004), it has not, although not necessarily due to the forces identified by the pollution havens hypothesis. Some effects clearly resulted in less pollution and others more, although on balance, ...
See gallagher, 2009; McAusland and Costello, 2004. for more on the IMf, the World Bank, and structural adjustment, see Chapter 21. Reed, 1996, 86, 96. See “Kenya's flower Industry Shows Budding Improvement,” Guardian, April 1, 2011, ...
Population and Development Review, 41(2):241–269. Boserup, Ester. 1981. Population Growth and Technological Change: A Study of Long-Term Trends. Chicago: University of Chicago Press. Caldwell, John C., and ...
The fourth edition of Environmental Economics and Natural Resource Management pairs the user-friendly approaches of the previous editions with the latest developments in the field.